Indian exchange is now widening the scope for crypto traders. After introducing Bitcoin Cash and Litecoin, last week, they are now training their eyes on Ripple.
As of Friday, Ripple also known as XRP is also listed on Zebpay as was announced by the company in their blogpost.
According to Ripple’s official website, “XRP is the fastest and the most scalable digital asset, enabling real-time global payments anywhere in the world. It offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments.”
(A screenshot of Zebpay which shows Ripple listed on its app)
Last week in the Indian market, the price of Ripple was ranging around Rs 38 and 64. It reached an all time high of around Rs 250 at the start of this year.
Investors and especially those who trade on Zebpay are quite enthused by the announcement. Priyanka Ahuja, core team member of Startereum project said, “It’s good to see multicoin options available on Zebpay. Even though market is volatile and there is uncertainty around Ripple’s value in future, I surely have positive views for Zebpay giving users multiple options to invest in. I am waiting for Zebpay to introduce Ethereum on their app. Will be good to see some more altcoins and tokens on the platform”
Another investor Avinash believes the low price works in Zebpay’s favour. He said, “It’s good ofcourse. Price also seems low compared to other Indian exchanges I believe.”
Variety is the spice of (crypto) life. Rishi Agarwal, CEO and Chief Editor at CoinScenario said, “Having more options to trade is always good for a trader plus added flexibility to switch if one platform is down. Rate difference can be leveraged for arbitrage sometimes.”
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